AION seeks EU funds for €10B French AI data center
NewsBytes | May 20, 2026 11:39 PM CST
Iliad commits €4B to AION project
AION brings together heavyweights like Capgemini, Orange, Iliad (via Scaleway), EDF, and Ardian. Iliad alone is putting in €4 billion to help double France's computing power.
EDF is also opening calls for tenders for old industrial sites with direct grid connections so data center operators can connect to power more quickly.
Funding will be a mix of EU money, private investors, and bank loans.
READ NEXT
-
High gold prices, import duty hike to drag jewellery demand: Crisil
-
Honda City facelift 2026 launched: Check price, interior, average, hybrid mileage claim features and other details
-
How this Karnataka doctor is growing 30 tonnes of chemical-free Kesar mangoes on rocky land with Israeli technology
-
Crude oil prices could hit $200 per barrel if Strait of Hormuz remains closed: Report
-
That sinking feeling: Rupee@100 is a mental fear, not macro nightmare
